Common use of Extraordinary Costs and Capital Expenditures Clause in Contracts

Extraordinary Costs and Capital Expenditures. Notwithstanding anything to the contrary in this Agreement, the Manager shall not be responsible for paying any costs, liabilities and expenses in respect of a Vessel to the extent that such costs, liabilities and expenses are “extraordinary”, which consist of the following:

Appears in 12 contracts

Samples: Management Agreement, Management Agreement, Vessel Management Agreement (Seaspan CORP)

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Extraordinary Costs and Capital Expenditures. Notwithstanding anything to the contrary in this Agreement, the Manager shall not be responsible for paying any costs, liabilities and expenses in respect of a Vessel to the extent that such costs, liabilities and expenses are “extraordinary”, ,” which consist of the following:

Appears in 7 contracts

Samples: Management Agreement (Teekay Tankers Ltd.), Noncompetition Agreement (Teekay Tankers Ltd.), Management Agreement (Genco Shipping & Trading LTD)

Extraordinary Costs and Capital Expenditures. Notwithstanding anything to the contrary in this Agreement, the Manager shall will not be responsible for paying any costs, liabilities and expenses in respect of a Vessel Vessel, to the extent that such costs, liabilities and expenses are “extraordinary”, which shall consist of the following:

Appears in 1 contract

Samples: Management Agreement (Seaspan CORP)

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Extraordinary Costs and Capital Expenditures. 9.2.1 Notwithstanding anything to the contrary in this Agreement, the Manager shall not be responsible for paying any losses, expenses, claims, costs, liabilities and expenses or damages or delays in respect of a Vessel to the extent that such costs, liabilities and expenses are “extraordinary”, which consist of the following:any Vessel.

Appears in 1 contract

Samples: Management Agreement (Energy Infrastructure Merger CORP)

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